Related

This post Will Obama Confiscate 401(k) Accounts? appeared first on Daily Reckoning.
“Can you guys comment on this?” writes one of our regular readers, linking us to a “401(k) confiscation” article by one David Mills, reposted on the website of Alaska radio host Joe Miller.

AP - Workers with 401(k) retirement accounts are due to receive improved disclosures about the fees they're paying. The Department of Labor has mandated such disclosure beginning next year and on Tuesday said the information may be delivered electronically by email or through a secure website.

In spite of the alleged recovery, in spite of falling unemployment numbers, and in spite of a stock market boom, Wells Fargo 401(k) Loans Jump 28% as Older Workers Borrow.
The number of people taking loans from their 401(k) retirement accounts increased 28 percent in the fourth quarter from a year earlier as older workers tapped their savings, according to Wells Fargo (WFC) & Co.

By Tom Lydon:
Fees have become a hot topic within the exchange traded fund industry. The recent focus on fees and the impact they can have upon investment returns has put exchange traded funds into the spotlight for use in 401(k) plans.

Brian Rezny submits: In a move meant to protect investors from hidden fees in their retirement plans, the Department of Labor’s Employee Benefit Security Administration (EBSA) issued a final rule last week that will require plan administrators to provide employees with more transparent information about fees and expenses related to their retirement accounts. The issue: employees are responsible for making decisions about the investments in their 401(k), but they often make th

MyPlanIQ submits:Americans rely on more and more retirement accounts such as 401K and IRAs to fund their future retirement. Financial professionals are helping company plan sponsors and participants in retirement investing. It is thus interesting to look at some of 401k plans in these financial institutions and see how well they serve their employees. In this article, we will discuss The Bank of America 401(k) Plan.